Replication: Identifying Aggregate Supply and Demand Shocks in South Africa

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##  Augmented Dickey-Fuller Test
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## data:  real_gdp1
## Dickey-Fuller = -5.7583, Lag order = 6, p-value = 0.01
## alternative hypothesis: stationary

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##  Augmented Dickey-Fuller Test
## 
## data:  Real_interest$Real_interest_rate
## Dickey-Fuller = -2.7648, Lag order = 5, p-value = 0.2561
## alternative hypothesis: stationary

## 
##  Augmented Dickey-Fuller Test
## 
## data:  g_g_not_s$Value
## Dickey-Fuller = -0.66065, Lag order = 5, p-value = 0.9724
## alternative hypothesis: stationary

Introduction

The paper, Identifying aggregate supply and demand shocks in South Africa, is an application of a structural VAR method to identify supply and demand shocks for the South African economy since the 1960s.

Reference List

Du Plessis, S., Smit, B. and Sturzenegger, F., 2008. Identifying aggregate supply and demand shocks in South Africa. Journal of African economies, 17(5), pp.765-793.